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As of October 2021, the state government's official policy goal is to have 1 million electric vehicles in Illinois by 2030. [2] In July 2022, the state government started issuing tax rebates of $4,000 for electric vehicle purchases. This amount will drop to $2,500 in 2026 and $1,000 in 2028. [1]
A previous round of applications for a $4,000 rebate for buying an all-electric vehicle and a $1,500 for an electric motorcycle expires on Jan. 31
Residents can get a tax credit of up to $5,000 for buying or leasing a light-duty EV or truck or a plug-in hybrid EV. Illinois: The state offers rebates of up to $4,000 for residents who buy or ...
As of September 2014, plug-in electric car purchasers are eligible for a government credit worth up to €5,000 (about US$6,500). Vehicle Registration Tax (VRT), up to €5,000 is also waived for electric cars. Also, all-electric car owners pay the lowest rate of annual road tax, which is based on emissions.
Some hybrids may qualify for reduced license fees. Arizona has allowed 10,000 EV and plug in hybrids to gain access to the HOV lanes, but this incentive has reached its capacity. [17] California- The state government offers rebates through the Clean Vehicle Rebate Project (CVRP) where taxpayers who purchase an EV or plug in hybrid can receive ...
Blink Charging Co. (NASDAQ:BLNK) disclosed that it has received a nearly $2 million grant from the Illinois Environmental Protection Agency. This funding will enable Blink to own and operate EV ...
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